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Credit Risk Manager Jobs in Greenwich, CT (NOW HIRING)

Risk Management / Credit Risk Management Location: New York, NY (Hybrid - 3 days in office) Employment Type: Full-time Reports to: Head of Credit Risk Analytics & Modeling Visa Sponsorship: Not ...

Prepare risk reporting materials and presentations for senior management and governance forums ... Strong understanding of credit analysis, financial statement review, and risk assessment techniques.

The ideal candidate will possess the ability to identify and communicate credit risk management weaknesses; as well as effectively challenge internal and regulatory risk ratings where appropriate.

Director - Credit Risk

Manhattan, NY · On-site

$180K - $250K/yr

The Team enforces a strong credit culture by managing and mitigating the firm's counterparty risk to enable the firm to grow in a scalable and prudent manner. Responsibilities * Assess the credit and ...

What We're Looking For The Vice President, Commercial Credit Risk serves as a critical second line of defense within the Credit Risk Management division of a FDIC-regulated community bank ...

What We're Looking For The Vice President, Commercial Credit Risk serves as a critical second line of defense within the Credit Risk Management division of a FDIC-regulated community bank ...

Director - Credit Risk

New York, NY · On-site

$180K - $250K/yr

The Team enforces a strong credit culture by managing and mitigating the firm's counterparty risk to enable the firm to grow in a scalable and prudent manner. Responsibilities * Assess the credit and ...

We are seeking a highly analytical Credit Risk Strategy Manager to support our team. As a vital member of the team, you will establish and oversee credit strategies that align with our risk appetite ...

Director - Credit Risk

New York, NY · Hybrid

$180K - $250K/yr

The Team enforces a strong credit culture by managing and mitigating the firm's counterparty risk to enable the firm to grow in a scalable and prudent manner. Responsibilities * Assess the credit and ...

What We're Looking For The Vice President, Commercial Credit Risk serves as a critical second line of defense within the Credit Risk Management division of a FDIC-regulated community bank ...

We are seeking a highly analytical Credit Risk Strategy Manager to support our team. As a vital member of the team, you will establish and oversee credit strategies that align with our risk appetite ...

New

We are seeking a highly analytical Credit Risk Strategy Manager to support our team. As a vital member of the team, you will establish and oversee credit strategies that align with our risk appetite ...

Showing results 21-40

Credit Risk Manager information

See Greenwich, CT salary details

$97.1K

$177.8K

$269K

How much do credit risk manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for credit risk manager in Greenwich, CT is $177,788.00, according to ZipRecruiter salary data. Most workers in this role earn between $149,900.00 and $199,300.00 per year, depending on experience, location, and employer.

What is a credit risk manager?

Credit Risk Managers are professionals responsible for assessing and managing the risk of financial losses that may arise from borrowers failing to repay loans or meet contractual obligations. They analyze financial data, credit reports, and market trends to determine the creditworthiness of individuals or businesses. Credit Risk Managers also develop policies and strategies to minimize potential losses and ensure compliance with regulatory standards. Their role is critical in maintaining the financial health and stability of banks, lending institutions, and other organizations involved in credit.

What does a credit risk manager do?

A credit risk manager analyzes credit risk for banks and similar financial institutions. In this role, it’s your job to develop better credit risk policies and procedures to alleviate losses and maintain capital. Additional duties involve examining data, building financial models, creating performance reports, ensuring regulatory compliance, and formulating credit policy. This career requires at least a bachelor’s degree in business administration or a related field. Other important qualifications include excellent analytical, communication, and research skills. Most employers typically prefer candidates who have previous risk management experience.

What are the key skills and qualifications needed to thrive as a credit risk manager, and why are they important?

To thrive as a Credit Risk Manager, you need strong analytical abilities, deep knowledge of financial principles, and typically a degree in finance, accounting, or a related field. Familiarity with risk modeling software, credit scoring systems, and regulatory frameworks such as Basel III is essential. Strong communication, decision-making, and stakeholder management skills set outstanding professionals apart in this field. These skills are crucial for accurately assessing creditworthiness, minimizing financial losses, and ensuring regulatory compliance within financial institutions.

How does a credit risk manager typically collaborate with other departments to assess and mitigate risk?

A Credit Risk Manager frequently works with teams across the organization, such as underwriting, finance, and compliance, to assess borrower creditworthiness and ensure adherence to risk policies. Collaboration often involves developing risk models, reviewing loan portfolios, and communicating risk exposures to senior management. Working closely with these departments enables comprehensive risk assessments and the implementation of effective mitigation strategies. This cross-functional approach fosters a proactive risk culture and ensures that credit decisions align with both regulatory requirements and business objectives.

What is the difference between Credit Risk Manager vs Credit Analyst?

AspectCredit Risk ManagerCredit Analyst
CredentialsBachelor's degree, often certifications like CFA or credit risk certificationsBachelor's degree, finance or related field, sometimes certifications like CFA
Work EnvironmentOversees risk policies, manages teams, strategic planningAnalyzes credit data, assesses borrower risk, prepares reports
Industry UsageUsed in banking, financial services, lending institutionsCommon in banks, credit agencies, financial firms

The Credit Risk Manager focuses on overseeing and managing the overall credit risk policies and teams, while the Credit Analyst conducts detailed credit assessments of individual borrowers. Both roles require similar credentials and are integral to credit decision processes, but they differ in scope and responsibilities.

How much do credit risk managers make in the US?

Credit risk managers in the US typically earn a median annual salary of around $85,000 to $125,000, with experienced professionals and those in senior roles earning higher. Salaries can vary based on industry, location, and level of experience, and certifications like CFA or FRM can enhance earning potential.

What are the most commonly searched types of Credit Risk jobs in Greenwich, CT?

The most popular types of Credit Risk jobs in Greenwich, CT are:

What are popular job titles related to Credit Risk Manager jobs in Greenwich, CT?

For Credit Risk Manager jobs in Greenwich, CT, the most frequently searched job titles are:

What cities near Greenwich, CT are hiring for Credit Risk Manager jobs?

Cities near Greenwich, CT with the most Credit Risk Manager job openings:

Infographic showing various Credit Risk Manager job openings in Greenwich, CT as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 13% Part Time, 2% Temporary, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $177,788 per year, or $85.5 per hour.

Credit Risk Analytics & Modeling

IDBNY

Manhattan, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 17 days ago


Job description

First Vice President, Credit Risk Analytics & Modeling
Department: Risk Management / Credit Risk Management
Location: New York, NY (Hybrid - 3 days in office)
Employment Type: Full-time
Reports to: Head of Credit Risk Analytics & Modeling
Visa Sponsorship: Not available
About IDB Bank
For more than 70 years, IDB Bank has been committed to delivering exceptional service and building long-term client relationships through disciplined banking, strong partnership, and a high-touch approach. As a growing commercial bank, IDB offers the opportunity to work in a collaborative, entrepreneurial environment where talented professionals can make a visible impact and help shape the future of the institution.
The Opportunity
IDB Bank is seeking an experienced credit risk professional to join its Credit Risk Analytics & Modeling team in a high-impact role supporting the continued evolution of the bank's wholesale credit risk framework. This position is ideal for a candidate who combines deep quantitative and modeling expertise with a practical, business-oriented mindset and a passion for building scalable solutions in a growth-oriented institution.
The successful candidate will play a central role in the ownership, enhancement, and governance of the bank's internal and vendor credit risk models, including risk rating scorecards, expected loss implementation, override monitoring, portfolio analytics, and credit stress testing. This individual will partner closely with stakeholders across Credit, Finance, Technology, and Data Governance to strengthen analytics, automate processes, and improve the quality, transparency, and usability of model outputs across the organization.
This is an excellent opportunity for a hands-on credit risk modeling leader who wants to bring energy, judgment, and modern analytical thinking to a smaller institution where meaningful contributions are visible and create immediate impact.
Key Responsibilities
Credit Risk Model Ownership & Analytics
  • Serve as the subject matter expert for the bank's wholesale credit risk rating and scorecard models, helping ensure consistent, effective use across underwriting, monitoring, and portfolio management activities. Lead enablement for model users (training sessions, job aids, interpretation guidance, vendor tool upgrades), improving consistency and decision quality.
  • Maintain, test, monitor, and enhance internal and vendor-supported credit risk models, with a focus on model performance, applicability, transparency, and business usability.
  • Design and implement reporting and analytics to support portfolio Expected Loss execution, model override monitoring, and portfolio risk insights generation.
Model Lifecycle Management, Governance & Validation
  • Lead annual model maintenance activities and support the full model lifecycle, including monitoring, documentation, change management, issue remediation, and user guidance.
  • Coordinate annual validation efforts with third-party validators by explaining methodologies, processes, assumptions, and monitoring results, and by managing the resolution of findings and recommendations.
  • Enhance monitoring and governance practices to ensure that model oversight is not only compliant, but also practical, efficient, and informative for decision-makers.
Scorecard Development & Portfolio Stress Testing
  • Lead the refit and, where appropriate, redevelopment of credit scorecards for the Commercial & Industrial, Commercial Real Estate and Private Banking portfolios.
  • Elevate the bank's credit portfolio stress testing framework, methodologies, and reporting to support stronger portfolio management, concentration analysis, and risk oversight.
  • Contribute to the ongoing development of value-added portfolio analytics that enhance the bank's risk-return framework and support more informed credit decisions.
Data, Technology & Process Improvement
  • Define business data requirements and partner with Technology and Data Governance teams to improve credit risk data aggregation, reporting, controls, and analytics infrastructure.
  • Use analytical tools and automation techniques to reduce manual processes, strengthen controls, and increase the consistency and repeatability of reporting and model monitoring outputs.
  • Identify opportunities to improve workflows, enhance transparency, and bring structure to evolving processes within a growing institution.
Cross-Functional Partnership & Communication
  • Act as a trusted partner to stakeholders across Risk, Front Office, Finance, Technology, Loan Operations, and related functions to gather information, align priorities, and deliver high-quality solutions.
  • Support internal audit, external review, due diligence, and regulatory-facing requests through clear documentation, analytical support, and effective communication of model methodologies and key findings.
  • Present model outputs, portfolio insights, and technical concepts in a clear and concise way to senior stakeholders, including senior management, external vendors, and regulators.

Qualifications
Required
  • 7-10+ years of hands-on experience in credit risk modeling, analytics, model governance, or a closely related quantitative risk function within a financial institution or consulting environment.
  • Strong experience across the credit model lifecycle, including development, testing, monitoring, maintenance, validation support, and implementation. Familiarity with model risk management expectations and governance frameworks, including SR 11-7-aligned practices.
  • Deep understanding of wholesale credit risk, including Commercial / Corporate Banking and Commercial Real Estate exposures, and the relevant credit risk drivers and portfolio metrics (e.g., PD, LGD, DSCR, LTV, NOI).
  • Experience with credit risk rating models and scorecards, including internal frameworks and/or vendor solutions such as Moody's CreditLens®, RiskCalc, CMM, dual risk ratings, and specialty scorecards.
  • Strong analytical and technical toolkit, including advanced Excel, PowerPoint, Power Query, and experience with analytics / programming tools such as Python; experience with Power BI is strongly preferred.
  • Demonstrated ability to work independently, prioritize effectively, and manage multiple deliverables and stakeholders in a dynamic environment.
  • Excellent written and verbal communication skills, with the ability to translate technical model concepts into actionable business insights.
  • Bachelor's degree in Finance, Economics, Statistics, Mathematics, Data Science, or another quantitative discipline.
Preferred
  • Experience automating monitoring, reporting, or model-related processes in a banking or regulated financial services environment.
  • Professional certifications such as FRM, CFA, or related credentials are a plus.

What Makes This Role Compelling
This role offers the opportunity to join a growing commercial bank where credit risk analytics and modeling are increasingly important to the institution's strategy and risk framework. Unlike highly segmented roles at larger organizations, this position offers meaningful ownership across model oversight, scorecard enhancement, stress testing, automation, governance, and stakeholder engagement. For the right candidate, it is an opportunity to bring both technical depth and practical leadership to a team that values initiative, collaboration, and solutions that drive measurable impact.
Compensation
The expected annual salary for this position is between $170,000 - $210,000 at the start of employment. A salary offer will be determined on an individualized basis, taking into consideration factors such as experience, skills, and qualifications. In addition to base salary, IDB Bank offers a comprehensive total rewards package, including annual bonus eligibility, medical, dental, vision, life and disability coverage, employee wellness programs, retirement and savings plans with employer contributions, generous bank holidays and paid time off, parental leave, and tuition reimbursement.
Equal Opportunity / Additional Information
The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this position and are not intended to be an exhaustive list of all responsibilities, duties, and skills required. Responsibilities may evolve over time based on business needs. All qualified applicants will receive consideration for employment in accordance with applicable federal, state, and local laws and regulations. Physical presence in IDB Bank's office(s) is an essential function of this role, subject to reasonable accommodations where required by law.
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